Longer Term Trading Plans for RSSL
- Buy RSSL near 75.99 target 83.42 stop loss @ 75.77
- Short RSSL slightly under 83.42, target 75.99, stop loss @ 83.66
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May 17, 2025, 17:52 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy RSSL near 75.99 with an upside target of 83.42. This data also tells us to set a stop loss @ 75.77 to protect against excessive loss in case the stock begins to move against the trade. 75.99 is the first level of support below 82.5217 , and by rule, any test of support is a buy signal. In this case, support 75.99 would be being tested, so a buy signal would exist.
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